<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS FILED ON FORM 10-Q FOR THE THREE MONTHS ENDED MARCH 31, 1999 FOR PORTLAND GENERAL ELECTRIC COMPANY AND SUBSIDIARIES (PGE) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,811 <OTHER-PROPERTY-AND-INVEST> 336 <TOTAL-CURRENT-ASSETS> 247 <TOTAL-DEFERRED-CHARGES> 748 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 3,142 <COMMON> 160 <CAPITAL-SURPLUS-PAID-IN> 480 <RETAINED-EARNINGS> 380 <TOTAL-COMMON-STOCKHOLDERS-EQ> 1,020 <PREFERRED-MANDATORY> 30 <PREFERRED> 0 <LONG-TERM-DEBT-NET> 818 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 140 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 1 <OTHER-ITEMS-CAPITAL-AND-LIAB> 1,133 <TOT-CAPITALIZATION-AND-LIAB> 3,142 <GROSS-OPERATING-REVENUE> 299 <INCOME-TAX-EXPENSE> 30 <OTHER-OPERATING-EXPENSES> 211 <TOTAL-OPERATING-EXPENSES> 241 <OPERATING-INCOME-LOSS> 58 <OTHER-INCOME-NET> 6 <INCOME-BEFORE-INTEREST-EXPEN> 64 <TOTAL-INTEREST-EXPENSE> 19 <NET-INCOME> 45 <PREFERRED-STOCK-DIVIDENDS> 1 <EARNINGS-AVAILABLE-FOR-COMM> 44 <COMMON-STOCK-DIVIDENDS> 20 <TOTAL-INTEREST-ON-BONDS> 16 <CASH-FLOW-OPERATIONS> 47 <EPS-PRIMARY> 0 <EPS-DILUTED> 0